Answer:
Total current assets $83,580
Explanation:
The preparation of the current assets section of the balance sheet is shown below:
<u>Current Assets Amounts </u>
Cash $22,360
Debt investments(short term) $17,360
Accounts receivables $30,100
Supplies $8,170
Prepaid Insurance $5,590
Total current assets $83,580
Answer:
increase, decrease, increase
Explanation:
When know the net profit of all financial businesses is maximized, and the resource distribution must be effective and achievable, but there must be a consideration, market allocation must be competitive or well
so here when coke prices go up. The consumer will probably increase the consumption of coke and the marginal utility of the coke will decrease, while the overall utility of the coke will increase.
Answer:
May 2 No entry is required as the transaction is yet to happen
May 7 DR Accounts Receivable $1,200
CR Tour Revenue $1,200
May 9 DR No entry required
May 15 DR Sales Allowance (1,200 * 30%) $360
CR Accounts Receivable $360
May 20 DR Cash $789.60
DR Sales Discount $50.40
CR Accounts Receivable $840
Working
Accounts Receivable = 1,200 - 360 sales allowance = $840
Sales Discount = 840 * 6% discount = $50.40
Cash = 840 - 50.40 = $789.60
b. Net Revenues
= Revenue - Sales allowance - Sales discount
= 1,200 - 360 - 50.40
= $789,60
c. Partial Income Statement
Tour Revenues $1,200
Less:
Sales Allowance $360
Sales Discount <u> $50.60 </u>
<u> ($410.60)</u>
Net Tour Revenue $789.40
Principal Amount P = $ 48000
Rate of interest r = 6% = 0.06
Time interval t = 7
Formula for Interest I = P x r x t => I = 48000 x 0.06 x 7 => I = 2880 x 7
Total Interest for seven years would be $20,160
Answer:
Letter D is correct. <u>Telecommuting.</u>
Explanation:
Telecommuting can be defined as the possibility that a company offers employees to work outside the office, being able to do the work from their own home or from different locations. In this work agreement, contact with the company is made through communication via email, telephone and remote conferences, but the an employee can also be in the office to attend meetings or have direct contact with their managers.
There are many added benefits in the strategic use of telecommuting, some of which are greater flexibility and freedom of choice for the worker to define his time and place of work, which consequently increases productivity and motivation for work.
